CUSUX Performance — Six Circles U.S. Unconstrained Equity Fund
Data updated: 2026-08-27
CUSUX returned +6.93% year to date and +19.47% over one year to Jun 2026. Annualised returns are +20.46% over 3 years and +12.40% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $175, against $157 for the category, and to $119 over one year, against $118. Volatility over the past three years was 13.80% a year. In the 12 months to Jun 2026 the fund took in a net $4.8B, and assets reached $35.73B.
CUSUX Growth of $100
What $100 invested in Six Circles U.S. Unconstrained Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | CUSUX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $119 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $175 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $179 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $297 | $229 |
CUSUX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.93% |
| 1 year | +19.47% |
| 3 years (annualised) | +20.46% |
| 5 years (annualised) | +12.40% |
CUSUX Annual Returns
Calendar-year total returns of Six Circles U.S. Unconstrained Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +6.93% |
| 2025 | +19.35% |
| 2024 | +24.88% |
| 2023 | +30.44% |
| 2022 | −21.23% |
| 2021 | +30.48% |
| 2020 | +27.65% |
| 2019 (Jul–Dec) | +8.82% |
CUSUX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.2% | −2.6% | −4.4% | +10.4% | +5.6% | −1.5% | — | — | — | — | — | — |
| 2025 | +3.7% | −1.9% | −6.3% | −0.4% | +6.3% | +5.9% | +2.3% | +2.1% | +3.0% | +2.9% | +0.5% | +0.3% |
| 2024 | +1.9% | +5.9% | +3.0% | −4.4% | +4.7% | +4.1% | +1.1% | +2.7% | +2.3% | −0.9% | +6.1% | −3.4% |
| 2023 | +5.7% | −2.5% | +4.9% | +2.0% | +2.4% | +5.2% | +3.9% | −1.7% | −4.4% | −1.8% | +9.8% | +4.1% |
| 2022 | −5.9% | −2.8% | +3.6% | −10.0% | −0.3% | −6.0% | +7.8% | −4.7% | −9.1% | +5.7% | +5.9% | −5.7% |
| 2021 | −0.8% | +4.3% | +4.4% | +6.2% | +1.4% | +2.5% | +2.1% | +3.8% | −5.7% | +7.6% | −1.7% | +3.6% |
| 2020 | +0.6% | −7.6% | −9.9% | +14.1% | +4.6% | +1.9% | +5.6% | +7.6% | −3.6% | −1.6% | +12.4% | +3.5% |
| 2019 | — | — | — | — | — | — | +0.7% | −2.3% | +1.7% | +2.2% | +3.6% | +2.8% |
CUSUX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 13.80%
- 3-year Sharpe ratio: 1.16 (vs 4.5% risk-free rate)
- Best month: +10.45% (Apr 2026)
- Worst month: −6.32% (Mar 2025)
CUSUX Fund Flows
Monthly money in and out of Six Circles U.S. Unconstrained Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $4.8B
- 12-month gross sales (incl. reinvestments): $9.6B
- Sales ÷ redemptions: 1.98×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $461.7M | $245.1M | $216.6M |
| May 2026 | $451.7M | $685.6M | −$233.9M |
| Apr 2026 | $504.3M | $238.3M | $266.0M |
| Mar 2026 | $514.2M | $255.5M | $258.8M |
| Feb 2026 | $506.4M | $149.3M | $357.2M |
| Jan 2026 | $564.8M | $251.7M | $313.1M |
| Dec 2025 | $3.9B | $1.8B | $2.1B |
| Nov 2025 | $347.9M | $325.5M | $22.4M |
| Oct 2025 | $1.4B | $228.0M | $1.2B |
| Sep 2025 | $333.8M | $237.5M | $96.3M |
| Aug 2025 | $311.1M | $201.5M | $109.6M |
| Jul 2025 | $313.8M | $267.7M | $46.1M |
CUSUX Assets Under Management
Net assets of Six Circles U.S. Unconstrained Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $35.73B |
| 2026-03-31 | $30.85B |
| 2025-12-31 | $32.21B |
| 2025-09-30 | $30.43B |
| 2025-06-30 | $28.04B |
| 2025-03-31 | $24.57B |
| 2024-12-31 | $25.29B |
| 2024-09-30 | $26.05B |
| 2024-06-30 | $24.62B |
| 2024-03-31 | $24.12B |
| 2023-12-31 | $22.02B |
| 2023-09-30 | $19.87B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.